| Primerica is an independent sales force associated | | | | in your industry is by familiarizing yourself with an |
| with the many companies in the financial services | | | | MLM Marketing system like the 7 Figure |
| industry that offer an array of products such as | | | | Networker. This will enable you to not only |
| Consolidation Loans, Debt Solutions, Life Insurance, | | | | master your market, but it will also supply you |
| Mutual Fund investments, mortgages and a | | | | with the appropriate tools necessary to infiltrate |
| variety of other insurance products. Since 1977, | | | | the internet with your business and product, |
| Primerica has been in business here in America. As | | | | ensuring that you will not have to dial one cold call |
| of April, 2010 they have announced that they will | | | | or knock on a single door. Your internet skills will |
| be traded on the New York Stock exchange as a | | | | bring your customers directly to you. |
| public company. Primerica consists of over | | | | As far as up front investing in your business, |
| 100,000 representatives that operate | | | | Primerica is extremely low risk with an initial |
| independently all over the United States as well as | | | | investment of just under $200. Primerica also |
| Canada and Spain. | | | | pays for all of your licensing, which depending on |
| While Primerica maintains that their target market | | | | the state you live in can accumulate to quite a lot |
| is grossly neglected and will therefore, in turn, | | | | of money. As with any other MLM venture, in |
| motor their success, the financial services industry | | | | order to rise to the very top you are going to |
| is a significantly competitive field. In this Multilevel | | | | have to dedicate an abundance of your time. |
| Marketing overview, we will explore the products, | | | | Many people claim that in striving for success, 80 |
| compensation plan as well as how to earn money | | | | hours or more a week is absolutely necessary. |
| on the internet with the Primerica information at | | | | However, while this may be the case for some |
| hand. | | | | hard workers, it is still possible to build a profitable |
| First of all, it is important that I clarify that the | | | | business at only 15-20 hours per week. The key |
| success of you within Primerica or any other | | | | is determining what your goals are and |
| business ultimately is dependant on you as well as | | | | remembering that the internet is a massive tool in |
| the techniques that you possess or acquire. Being | | | | which you can work more efficiently. |
| able to draw from a large database of prospects | | | | As with all MLM's, recruiting is an important piece |
| consisting of 25 to 30 new people every day is | | | | of the structure when establishing a career for |
| much more beneficial than maintaining a 500 | | | | yourself within a system like this. Consider the |
| person sales organization in the long run. I can | | | | benefits of having 25-30 prospects to draw from |
| attest to that. | | | | on a daily basis that are legitimately interested |
| While Primerica's product is essentially basic within | | | | potential customers. It is not hard to understand |
| their industry even though they may not | | | | how a healthy business can grow from this |
| particularly have the best of each variety, their | | | | scenario. |
| products stand well in comparison with others in | | | | Primerica also has a relatively simple and easy to |
| the same market making them effectively | | | | understand compensation plan. A percentage of |
| competitive. Although their mortgage rates are | | | | money is earned off of the direct sales that you |
| reasonable, other companies may have better | | | | make or override from the other representatives |
| rates available for specific customers. However, | | | | within your structure. Once you make your way |
| for customers with credit issues, Primerica's | | | | up the ranks, you eventually earn a larger |
| policies are right in line for these clients as well as | | | | percentage. As your sales team begins to grow, |
| clients looking to invest in and develop a portfolio | | | | your compensation grows as you earn money off |
| the "middle market". For these customers, | | | | of 4 levels on down of your sales force. |
| Primerica is a perfect place to begin. However, if | | | | In summation, if the Financial Services industry is |
| you are a relatively well-off investor, Primerica | | | | particularly of interest to you when you are |
| would not be a good recommendation as again, | | | | considering the prospect of joining Primerica, you |
| this is not their target market. | | | | can rest assured that the business is not a scam. |
| Being that Primerica obviously provides a sound | | | | Primerica has a competitive, competent product, |
| product, the extent to which you can be a | | | | is listed on the New York Stock Exchange and |
| successful representative within this business is | | | | has met and passed a great deal of regulations |
| largely reliant on the skill set that you have to | | | | pertaining to the financial industry all while growing |
| offer this model. How can you establish yourself | | | | their business over the course of the last 30 |
| as better than the other Primerica agents? One | | | | years. |
| of the quickest ways to leverage your advantage | | | | |